Page 19 of 19 FirstFirst ... 9171819
Results 217 to 220 of 220

Thread: Kave's Account Talk

  1. #217

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    3,874
    Blog Entries
    46

    Default Re: Kave's Account Talk

    Not possible in this environment unless you want to take on unnecessary risk and/or a tax hit that negates any earnings.

    I'd settle for a 1.5% CD at a credit union and call it a day. Inflation is completely non-existent right now so you may not be losing as you would have 3 months ago.

  2.  
  3. #218

    Default Re: Kave's Account Talk

    Quote Originally Posted by kave View Post
    Long story I'll make short. My wife was scheduled to join me in retirement in May 2020. We've saved $25k for a 70-75 day RV trip to Alaska. Due to Covid-19, we are postponing the trip till 2021 and trying to decide a safe harbor for the $25k. We have Vanguard and Merrill Edge Accts. As you know, CD's and Money Market rates are practically non existent. We would love to earn ~2-3% with minimal risk. We would appreciate any recommendations. Thanks in advance!

    Kave & Lucky
    Sucks for the timing of C-19...hope you get the trip done next year !

    FWIW, I have "cash" dumped in the Fidelity Conservative Income Bond Fund (FCONX). So far, it has given me an ROI of 1.99%. It throws off a monthly dividend, that I don't have reinvested (probably should ) ...last month it was 1.75%. Nothing glamorous, for sure, but perhaps a little more flexibility than a CD.

    OTOH, it CAN lose market value, but it doesn't have the wild swings, like the stock market !

    HTH, and good luck !!!


    Stoplight...
    "Too old to rock and roll...too young to die"... - I. Anderson

  4.  
  5. #219

    Default Re: Kave's Account Talk

    ...just so happens that I got the FCONX semi-annual report today

    Here's the Summary Prospectus, if you're interested !!!


    Stoplight...

    FCONX Summary Prospectus.pdf
    "Too old to rock and roll...too young to die"... - I. Anderson

  6.  
  7. #220

    Default Re: Kave's Account Talk

    UPDATE: The LOML and I searched for a safe haven to stash our Alaska trip $ since we've postponed due to COVID-19. The highest 12 month CD rate we found was 0.8% at our Credit Union, Money Market rates were less than that. We found an online savings account through Citi Bank at 1.55%.

    Stay safe!

  8.  
Page 19 of 19 FirstFirst ... 9171819

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
S&P500 (C Fund) (delayed)
Kave's Account Talk
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
Kave's Account Talk
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
Kave's Account Talk
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
Kave's Account Talk
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes